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According to the Global Competitiveness Report 2017-2018, Ukraine ranks 16th in the world in terms of tertiary education enrolment. Up to 82% of its population have either degrees or certificates of higher education. With its 657 universities, Ukraine has about 6.35 universities per 1 million people (versus 2.48 universities per 1 million people in Britain and 5.28 universities in Germany). At the same time, there is a significant gap between the requirements of employers and the education outcomes. Higher education in Ukraine today hardly meets the needs of the economy, and importantly, does not appear to address the interests of the students themselves. More than 30% of Ukrainians, having graduated from higher education institutions, feel that they have a higher level of education than required for the work available in the labour market. Up to 80% of university graduates, having spent up to five years in their alma mater, most probably will hardly find jobs in their fields.